Free market is ?->(Show Answer!)

Question Set

1. Free market is

Ask Your Doubts Here

Comments

Show Similar Question And Answers

QA->Who is known as the major proponent of free market; arguing against government intervention in a market economy?....

QA->A man takes 4 hours in all to go to a market at a speed of 5km/hour and back to his house at 3km/hour. The distance between his house and market is:....

QA->Friedrich von Hayek advocated his free-market capitalism through the book?....

QA->Friedrich von Hayek who advocated free-market capitalism belongs to?....

QA->A market condition of ’Number of sellers – one; Number of buyers – Large’ is known as?....

MCQ->Read the following passage carefully and choose the most appropriate answer to the question out of the four alternatives. Most economists in the United States seem captivated by the spell of the free market. Consequently, nothing seems good or normal that does not accord with the requirements of the free market. A price that is determined by the seller or, for that matter (for that matter: so far as that is concerned), established by anyone other than the aggregate of consumers seems pernicious. Accordingly, it requires a major act of will to think of price-fixing (the determination of prices by the seller) as both "normal" and having a valuable economic function. In fact, price-fixing is normal in all industrialized societies because the industrial system itself provides, as an effortless consequence of its own development, the price-fixing that it requires. Modern industrial planning requires and rewards great size. Hence, a comparatively small number of large firms will be competing for the same group of consumers. That each large firm will act with consideration of its own needs and thus avoid selling its products for more than its competitors charge is commonly recognized by advocates of free-market economic theories. But each large firm will also act with full consideration of the needs that it has in common with the other large firms competing for the same customers. Selling a commodity at a price that is not more than that charged by competitors is....

MCQ->Addition polymerisation takes place either by a free radical mechanism or ionic machanism depending on the reagents used. Free radical polymerisation is catelyzed by __________ , which decompose to give free radicals.....

MCQ->Statement: "All are cordially invited to attend the entertainment programme. It is free." - An announcement in a newspaper. Assumptions: People generally do not go to entertainment programmes which are free. Some people, though interested in entertainment programmes, cannot afford purchasing the tickets. Generally, a free entertainment programme is of a good quality.

....

MCQ->An industry which is fighting hard to increase its market share in existing market (with new popular products) is known as—....

MCQ->China has moved away from the policy of statism to market economy, which was propounded by one of the communist leaders of revolution who said “Market in China is like a bird in cage”. Identify the person....

Terms And Service:We do not guarantee the accuracy of available data ..We Provide Information On Public Data.. Please consult an expert before using this data for commercial or personal use | Powered By:Omega Web Solutions
© 2002-2017 Omega Education PVT LTD...Privacy | Terms And Conditions Question ANSWER With Solution